InvestSMART

Exchange Traded Funds (ETFs)

Top performing ASX-listed European Equities Exchange Traded Funds (ETFs)

Europe Equities ETFs provide an opportunity to invest across a diverse range of European countries and sectors, which could be beneficial for investors seeking broad exposure to the European market. These ETFs may appeal to those looking for investments in a region known for its economic stability and strong regulatory frameworks. They might be especially suited for investors wanting to benefit from trade dynamics within the European Union.

Below are some of the potential pros & cons of investing in European Equities Exchange Traded Funds (ETFs).

Pros of European Equities ETFs:

  • Access to a broad range of industrialized economies with strong corporate sectors.
  • Diversification benefits from investing across multiple countries and industries within Europe.
  • Potential for stable dividends from well-established European companies.
  • Exposure to global leaders in industries such as pharmaceuticals, automotive, and finance.
  • Benefits from integration and trade agreements within the EU.

Cons of European Equities ETFs:

  • Economic fluctuations in the Eurozone can impact investment returns.
  • Political uncertainties, such as those related to Brexit, can cause market volatility.
  • Some European markets have lower growth rates compared to U.S. or emerging markets.
  • Currency risk for non-Euro investors.
  • Regulatory changes across different countries can affect market performance.

Top European Equities by 3yr returns (as at 04 October 2025)

Code Security Name Geographic
Focus		 Asset
Class		 MER Market Cap
($m)		 Management
Type		 InvestSMART
Rating 		Yield
1Yr		 Return
1Yr		 Return
3Yr (p.a.)
VEQ Vanguard FTSE Europe Shares ETF Europe Equities 0.35% 464 ETF starstarstarstar 2.3% 20.5% 21.8%
IEU iShares Europe ETF Europe Equities 0.67% 980 ETF starstarstarstar 2.5% 20.2% 21.7%
HEUR Betashares Europe ETF-Currency Hedged Europe Equities 0.56% 76 ETF starstar 0.2% 10.4% 15.3%
ESTX Global X EURO STOXX 50 ETF Europe Equities 0.35% 384 ETF starstarstarstar 1.7% 24.3% 27.1%
Code Security Name Issuer Inception Type Objective
VEQ Vanguard FTSE Europe Shares ETF Vanguard Investments Australia Ltd 9 Dec 2015 ETF Seeks to track the return of the FTSE Developed Europe All Cap Index (with net dividends reinvested) in Australian dollars, before taking into account fees, expenses and tax.
IEU iShares Europe ETF BlackRock Investment Mgmt (AUS) Ltd 10 Oct 2007 ETF The Fund aims to provide investors with the performance of an index, before fees and expenses. The index is designed to measure the performance of large capitalisation equities and covers 16 major developed European markets.
HEUR Betashares Europe ETF-Currency Hedged BetaShares Capital Ltd 10 May 2016 ETF The investment objective of the BetaShares Europe ETF - Currency Hedged is to provide an investment return that aims to track the performance of the S&P Eurozone Exporters Hedged AUD Index (the 'Index'), before taking into account fees and expenses.
ESTX Global X EURO STOXX 50 ETF ANZ ETFS Management (AUS) Ltd 19 Jul 2016 ETF The fund aims to provide investors with a return that (before fees and expenses) tracks the performance of the EURO STOXX 50 Index.
Code Security Name 1 Mnth % 3 Mnth % 6 Mnth % 1 Yr % p.a. 2 Yr % p.a. 3 Yr % p.a. 5 Yr % p.a.
VEQ Vanguard FTSE Europe Shares ETF 0.6% 2.0% 8.3% 20.5% 18.7% 21.8% 13.2%
IEU iShares Europe ETF 1.0% 2.4% 7.5% 20.2% 18.3% 21.7% 13.8%
HEUR Betashares Europe ETF-Currency Hedged 0.9% 0.4% 0.7% 10.4% 12.7% 15.3% 11.5%
ESTX Global X EURO STOXX 50 ETF 2.5% 3.4% 9.5% 24.3% 22.0% 27.1% 15.7%
Code Security Name Australian Equities International Equities Property Cash Fixed Interest Alternatives
VEQ Vanguard FTSE Europe Shares ETF 0.0% 98.5% 0.8% 0.7% 0.0% 0.0%
IEU iShares Europe ETF 0.0% 99.7% 0.2% 0.0% 0.0% 0.0%
HEUR Betashares Europe ETF-Currency Hedged 0.0% 99.3% 0.0% 0.7% 0.0% 0.0%
ESTX Global X EURO STOXX 50 ETF 0.0% 100% 0.0% 0.0% 0.0% 0.0%
Code Security Name Yield Expected Distribution Frequency Last Payment Date Cents Per Unit
VEQ Vanguard FTSE Europe Shares ETF 2.3% Quarterly 16 Oct 2025 $0.13
IEU iShares Europe ETF 2.5% Semi-Annual 11 Jul 2025 $2.01
HEUR Betashares Europe ETF-Currency Hedged 0.2% Semi-Annual 16 Jul 2025
ESTX Global X EURO STOXX 50 ETF 1.7% Semi-Annual 16 Jul 2025 $1.65
Code Name Sep-25 ($m) Aug-25 ($m) Jul-25 ($m) Jun-25 ($m) May-25 ($m) Apr-25 ($m) Mar-25 ($m) Feb-25 ($m) Jan-25 ($m) Dec-24 ($m) Nov-24 ($m)
VEQ Vanguard FTSE Europe Shares ETF n/a $11.5 $17.1 $17.6 $17.8 $9.9 $45.5 $3.1 $2.1 -$5.1 $0
IEU iShares Europe ETF n/a $27.1 $29.1 -$88.2 $32.3 $43.0 $64.9 $8.2 $1.4 -$8.2 $0
HEUR Betashares Europe ETF-Currency Hedged n/a $1.6 $7.2 $1.6 $8.0 $4.8 -$1.6 $0 $0.0 $0 $0
ESTX Global X EURO STOXX 50 ETF n/a $64.8 $11.4 $9.5 $31.2 $15.9 $21.5 $8.9 $0.1 $0 $0
Code Security Name Volatility - 20 days Volatility - 50 days Volatility - 100 days Volatility - 200 days Volatility - All
VEQ Vanguard FTSE Europe Shares ETF 8.6% 10.3% 10.4% 12.6% 14.6%
IEU iShares Europe ETF 9.0% 10.6% 11.1% 12.2% 22.2%
HEUR Betashares Europe ETF-Currency Hedged 9.7% 11.2% 11.0% 17.5% 19.3%
ESTX Global X EURO STOXX 50 ETF 10.7% 13.4% 12.4% 14.7% 16.6%